Tag: wotc

You may not have heard of the Work Opportunity Tax Credit. “WOTC” as it is known is a tax credit for employers who hire individuals from target groups who have faced consistent barriers to employment. It can provide a tax credit of between $2,400 – $9,600 depending on the category. Based on our experience 10-15% of Read more about Introduction to the Work Opportunity Tax Credit[…]

Learn about the ten Work Opportunity Tax Credit Target Groups in this slide share from Cost Management Services. WOTC is a federal Tax Credit for businesses who hire individuals who fall under one of these target groups that include veterans. The Work Opportunity Tax Credit’s Ten Target Groups from Cost Management Services As an iRecruit Read more about The Work Opportunity Tax Credit’s Ten Target Groups[…]

Last week we posted about Project Planning For Seasonal Hiring. One thing to consider if you are getting ready for seasonal hiring is the Work Opportunity Tax Credit. Whether you are hiring 10 employees or 100 employees (or more) your company may be eligible for employment tax credits via the Work Opportunity Tax Credit (WOTC). Read more about Seasonal Hiring: The Work Opportunity Tax Credit[…]

Did you know you could be missing out on valuable tax credits when you hire new employees? The Work Opportunity Tax Credit, known as WOTC, is a Federal tax credit incentive that Congress provides to employers for hiring individuals from certain target groups who have consistently faced significant barriers to employment. The objective of this Read more about Don’t Miss Out on Hiring Tax Credits[…]

Whether you use iRecruit, or another applicant tracking and electronic onboarding solution (ATS), the most efficient, and consistent way to utilize the Work Opportunity Tax Credit (WOTC) program is to include it in your ATS. Doing so facilitates consistency, and will help maximize your results by making sure all (as many as possible) new hires Read more about Integrating WOTC With Your Applicant Tracking Software[…]

Happy Friday! Take a look at the latest recruiting news that popped on our newsfeed this week: 10 Useful Things You Didn’t Know You Could Do With Your iRecruit Account: #9 WOTC Integration We’re counting down the 10 Useful Things You Didn’t Know You Could Do With Your iRecruit Account. The Work Opportunity Tax Credit Read more about Recruiting News Roundup #FridayReads[…]

Work Opportunity Tax Credit, known as WOTC, can boost your bottom line as an employer. WOTC is a federal employment tax credit available to employers who hire individuals from target groups that include veterans, individuals on SNAP (food stamps) and the long-term unemployed. On average 10-15% of your new hires may be qualified for up to $2,400 worth of tax Read more about ATS Questions: How Does iRecruit Integrate with WOTC?[…]

Like many companies you may be thinking of hiring seasonal workers at this time of the year. The end-of-year hiring surge affects all industries from retail, restaurants, accountants, professional services and more, whether you’re hiring 10 employees or 100 employees (or more) you may be eligible for an employment tax credit via the Work Opportunity Read more about Employment Tax Credits Available for Hiring Seasonal Workers[…]

What is Work Opportunity Tax Credit, known as WOTC, is a Federal tax credit available to employers who hire and retain veterans and individuals from other target groups with significant barriers to employment. Employers claim about $1 billion in tax credits each year under the WOTC program. The tax credit value varies from $1,500 to $9,600 Read more about ATS Questions: An Introduction to WOTC[…]

After a few weeks hiatus we are back with the Friday morning newsround – grab a cup of coffee and get your read on – as we take a look back through some of the important and sharable HR and Recruiting news that came across our newsfeeds this week: CMS selects Net@Work to acquire Sage Read more about Recruiting News Roundup[…]